24h Economy: 20,000m2 wholesale market in Da Nang is deserted, traders gradually withdraw their stalls

Phương Anh |

20,000m2 wholesale market in Da Nang is deserted, traders are gradually withdrawing their stalls; Gia Lai strives to export 3 billion USD... are notable economic news in the past 24 hours.

20,000m2 wholesale market in Da Nang is deserted, traders gradually withdraw their stalls

According to Lao Dong reporter, located in the center of Da Nang city, Hoa Cuong wholesale market is the largest agricultural product trading center in the Central region. Notably, in the past, many stalls in the market have also been closed, and traders have encountered difficulties due to the sluggish business situation.

Mot goc cho dau moi Hoa Cuong (TP Da Nang). Anh: Thu Giang
A corner of Hoa Cuong wholesale market (Da Nang city). Photo: Thu Giang

Ms. Phan Thi Phuoc (trading at Hoa Cuong wholesale market) - said that since the COVID-19 pandemic, the market has become increasingly deserted, many wholesale and retail agricultural stalls have also closed, with no shoppers.

Many traders like Ms. Phuoc also try to stay and earn income through the day. Due to weak purchasing power in the market, many traders have moved to the streets to do business.

According to Ms. Nguyen Thi Nga (character's name has been changed, vegetable and fruit sellers in Hoa Cuong wholesale market) - information, wholesale market traders have to pay many types of taxes and fees every month, while purchasing power is decreasing.

"Not only me but most of the traders in the market have encountered difficulties in recent years. After the COVID-19 pandemic, we have gradually lost our stores because many shops have closed, while there are currently many carts and trucks on the road specializing in wholesale cheap agricultural products" - Ms. Nga said. See more...

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Gia Lai strives to export 3 billion USD

On October 18, the Department of Industry and Trade of Gia Lai province said that in the first 8 months of this year, the total export turnover of the province reached more than 2.18 billion USD; the target is to reach 3 billion USD by the end of the year.

Che bien go lam vien nen xuat khau ket hop dien mat troi o khu vuc bien gioi Gia Lai. Anh: Thanh Tuan
Processing wood for export tablets combined with solar power in the border area of Gia Lai. Photo: Thanh Tuan

Commodity industries recorded clear growth including: seafood over 100 million USD, wood nearly 300 million USD, wood products 309 million USD, textiles over 255 million USD. See more...

Silver prices plummet, people line up to buy phieu in order

Recorded by Lao Dong reporter on October 18, domestic silver prices decreased simultaneously. However, at many stores in Hanoi, the number of customers looking to buy silver is still very large, causing many businesses to fall into a state of overload, having to limit the quantity sold or announce that they are out of stock.

Ngay 18.10, nhieu nguoi co nhu cau mua bac nhung khong duoc, danh roi cua hang ra ve. Anh: Phuong Anh
On October 18, many people wanted to buy silver but could not, so they had to leave the store and go home. Photo: Phuong Anh

At a gold and silver shop on Tran Nhan Tong Street (Hanoi), Mr. Ngo Van Duong (Hai Ba Trung Ward, Hanoi) said that he had come here many times but could not buy because the staff announced that they were out of stock.

"The store announced that each person can only buy a maximum of 5kg of silver. I arrived at 8:40 a.m. but by then the goods were out of stock and the vouchers were no longer distributed. The store only accepts transactions with customers who already have coupons or pre-arranged invoices" - Mr. Duong said.

Xuat hien tinh trang rao ban phieu so thu tu mua bac. Anh: Phuong Anh
There is a situation of selling banknotes in order to buy silver. Photo: Phuong Anh

Along Tran Nhan Tong street, while many people lined up to buy but could not, a person appeared right next to the store selling silver shopping vouchers.

"You can buy this voucher right away, you don't have to queue anymore, the selling price is 100,000 VND/voucher" - this person informed. See more...

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